HE Lima said: "The GECF Global Gas Outlook 2050, has become over the years an essential consultation tool for the natural gas industry, governments, academic institutions such as universities and for the general public, which makes me congratulate the entire GECF team that has worked for the edition of this consultation and management tool." Upstream investment required over the forecast period is a hefty US$ 9.7 trillionĪ synopsis version of the GECF Global Gas Outlook 2050 is available here GECF GGO 2022.Natural gas trade will expand by more than a third, led by LNG, which will overtake pipeline trade by 2026.Natural gas supply will increase by 36%.Natural gas’ share in the energy mix will go from 23% today to 26% in 2050.Energy demand is expected to rise by 22% by 2050.Population growth will see 1.8 billion additional people in 2050 with most of this rise taking place in Africa and the Asia Pacific. ![]() ![]() Global GDP will more than double, from US$ 95 trillion today to US$ 210 trillion in real term.Obiang Lima, Minister of Mines and Hydrocarbons, Republic of Equatorial Guinea. The Gas Exporting Countries Forum (GECF) today launched the latest edition of its annual Global Gas Outlook 2050 (Outlook), in the presence of the 2023 President of the GECF, HE Gabriel M.
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